ValueQ3, 24Q4, 24Q1, 25Q2, 25TTMSelling/general/admin expenses226.02 M268.4 M279.35 M267.65 M1.04 BResearch & development525.9 M580.18 M576.45 M573.3 M2.26 BOperating income1.56 B1.74 B1.83 B1.81 B6.94 BNon-Operating Income, Total80.38 M49.32 M99.54 M87.6 M316.83 MInterest expense, net of interest capitalized45.18 M42.77 M42.47 M40.88 M171.31 MNon-Operating Income, excl. Interest Expenses60.23 M-31.3 M26.99 M20.31 M76.23 MUnusual income/expense-25.04 M37.85 M30.07 M26.41 M69.3 MPretax income1.54 B1.78 B1.86 B1.84 B7.01 BEquity in earnings—————Taxes206.06 M58.89 M290.5 M242.62 M798.07 MNon-controlling/minority interest—————After tax other income/expense-1.65 M-550 K1.89 M19.96 M19.65 MNet income before discontinued operations1.33 B1.72 B1.57 B1.59 B6.21 BDiscontinued operations—————Net income1.33 B1.72 B1.57 B1.59 B6.21 BDilution adjustment—————Preferred dividends—————Diluted net income available to common stockholders1.33 B1.72 B1.57 B1.59 B6.21 BBasic earnings per share (Basic EPS)1.031.341.241.274.88Diluted earnings per share (Diluted EPS)1.031.341.241.264.87Average basic shares outstanding1.29 B1.29 B1.26 B1.26 B5.1 BDiluted shares outstanding1.29 B1.29 B1.27 B1.27 B5.12 BEBITDA—————EBIT1.56 B1.74 B———Cost of revenue2.41 B2.58 B———Other cost of goods sold—————Depreciation & amortization (cash flow)—————
Lam Research Corporation
Lam Research Corporation is an American supplier of wafer-fabrication equipment and related services to the semiconductor industry. Its products are used primarily in front-end wafer processing, which involves the steps that create the active components of semiconductor devices and their wiring. The company also builds equipment for back-end wafer-level packaging and for related manufacturing markets such as for microelectromechanical systems.
Lam Research was founded in 1980 by David K. Lam and is headquartered in Fremont, California. As of 2023, it was the third largest manufacturer in the Bay Area, after Tesla and Intuitive Surgical.